Oneok (OKE) Gross Margin (2009 - 2026)

Oneok has disclosed Gross Margin across 18 years of filings, most recently posting 26.67% for Q1 2026.

• Gross Margin for Q1 2026 came in at 26.67%, down 302.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 88.69% (up 3778.0% YoY), and the FY2025 annual result was 92.31%, up 228.0% from the prior year.
• Gross Margin came in at 26.67% for Q1 2026 at Oneok, down from 258.76% in the prior quarter.
• Over the last five years, Gross Margin for OKE reached as high as 359.52% in Q4 2022 and fell as low as 19.29% in Q3 2022.
• Median Gross Margin over the past 5 years was 39.41% (2024), compared with a mean of 78.88%.
• Year-over-year, Gross Margin surged 26423 bps in 2022 and slumped 32258 bps in 2023.
• Over 5 years, Gross Margin stood at 359.52% in 2022, then plunged by 90 bps to 36.94% in 2023, then soared by 144 bps to 90.27% in 2024, then surged by 187 bps to 258.76% in 2025, then tumbled by 90 bps to 26.67% in 2026.
• Per Business Quant, the three latest OKE Gross Margin figures stand at 26.67% (Q1 2026), 258.76% (Q4 2025), and 30.95% (Q3 2025).